Insurance and Risk Management was today’s CFO/Controller Roundtable topic. Marlys Schmitt, Corporate Insurance Manager for Expense Reduction Analysts, presented on this topic, which addressed reducing risk management costs. Excerpts from the presentation and question/answer period we think you may find useful as you consider your insurance programs follow: What tools do you recommend to evaluate your coverage? Benchmarking is a powerful tool to help gauge how your organization is doing, relative to peer group payments on premiums. Benchmarking analysis can contain factors including comparisons on specific coverage, insurance limits, deductibles, premiums, and professional indemnity. To see examples of benchmarking comparisons, …

Insurance and Risk Management was today’s CFO/Controller Roundtable topic. Marlys Schmitt, Corporate Insurance Manager for Expense Reduction Analysts, presented on this topic, which addressed reducing risk management costs. Excerpts from the presentation and question/answer period we think you may find useful as you consider your insurance programs follow: What tools do you recommend to evaluate your coverage? Benchmarking is a powerful tool to help gauge how your organization is doing, relative to peer group payments on premiums. Benchmarking analysis can contain factors including comparisons on specific coverage, insurance limits, deductibles, premiums, and professional indemnity. To see examples of benchmarking comparisons, …

Website

Location

Connect

Social

Awards

Tax | Accounting | Assurance | Consulting | Highly technical and accessible team of CPAs helping growth driven, closely held, middle market companies compete in the global marketplace. Michigan-based accountants and advisors focused on helping business owners in the United States and throughout Europe and China.